So Grok (the musk AI bot) has been shown to have poor usage rates by the US government, 3 out of 400 known examples of uses by the federal government.

This will weigh down on expectations of the success of the AI part of spacex when it gets listed. Which further proves that AI as it is, is a gimmick and investors looking to pick up a piece of spacex have unrealistic views. The company will not succeed based on proper fundamentals and business dealings, but on the world's richest man having his hand in messing with world affairs, hoarding more wealth and being able to manipulate his stock prices.

Spacex rockets being reusable has shook up the market, a huge win for the environment and a proof of concept that sustainability is a winning play, even on the biggest stage. But the company is saddled with so much of musk's baggage. Why would rational investors accept the inclusion of the floundering xai, just to own shares that have limited powers (cannot vote musk out of his role if the time comes).

As seen on Reuters, this spacex play will blur the lines between a public and private company, for this ipo will be an exercise in name alone, imagine putting billions of dollars in, but having no real powers over the company. This mess would have been laughed out of the room, if not for the unnecessary hype and a man's name.